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three. getting mean on green. >> in one year, you provided $90s billion in breaks to the green energy world. now, i like green energy as well, but that's about 50 years worth of what oil and gas receives. you put $90s billion, like 50 years worth of breaks into solar and wind, to solyndra and fiskar and inter one. i had a friend who said, you don't just pick the winners and losers, you pick the losers knew. the oil industry gets $4 billion a year in corporate welfare. basically they get deductions that those small businesses that governor romney refers to, they don't get. now, does anybody think that exxonmobil needs some extra money when they're making money every time you go to pump? why wouldn't we want to eliminate that? >> question. now, the energy issues of campaign 2012 are boiling down into a choice between smoke stacks and pipe dreams. i ask you, pat. >> in a way, yeah, but there's no doubt the president has put this money in solyndra, for example, half a billion dollars went right down the tubes. these other sort of solar and wind pow wore things, a lot of them run by his fr
because romney was talking a lot about how much he likes coal, both candidates mr. talking about energy independence and you look at how coal stocks did today, big gains there like arch coal, like alpha natural resources, is this a good place to put your money? >> well, i tell you this. it's early to be making bets on any sector and predicated against a presidential election. it is too close to call and certainly not the way you want to invest but i will tell you as we get closer and you feel more confident in the results of an election, i will tell you energy stocks in general, coal stocks in particular are certainly going to be a good investment. we'll unleash the power of the energy complex of the united states, become energy independence. there will be a lot of winners in the energy complex f there is a change in administration. >> real quickly, jobs was another big topic last night. we have the jobs report coming out tomorrow. it is expected the unemployment rate is going to go a little bit over 8%. what impact will that have on our markets tomorrow and on the election? >> it's ama
.1%. the biggest drag: the energy sector, down 1.1%. but inside the dow jones industrial average, it was hewlett-packard getting plenty of attention. it's double digit stock drop pushed shares down to a nine year low. the stock fell hard, down 13%. volume was very heavy, more than 140 million shares traded, almost six times its average daily trading pace. c.e.o. meg whitman surprised investors by warning of a deeper than expected slide in earnings next year. revenue in all of its business divisions except for software is expected to fall. >> h.p. has done a bad job adjusting to where the business environment is headed. we see stagnating revenue, we see things actually getting worse next year relative to what analysts expected and that's not necessarily something cost cutting can save in and of itself. >> tom: those job cuts will total 29,000 when they're done. h.p. also vowed to reduce the number of products it sells, and c.e.o. whitman said the biggest challenge has been c.e.o. turnover. she's the third chief executive in as many year. h.p.'s news hit others with stakes in the personal computer
0.6%, and the energy sector rising 0.5%. in the consumer staples sector, it was a couple of food stocks topping the gains. tyson foods may have benefited jpmorgan is named because it bought bear stearns as that investment bank was collapsing four and a half years ago. shares of jpm up 1.2% during the regular session it did see a little selling pressure in extended hours trading this is a single complaint alleging fraud. in the consumer staple sector it was a couple of food stocks topping the gains. tyson foods may have benefited from the american farm bureau responding to rumors of a bacon shortage last week. the farm group calls bacon shortage baloney. tyson saw heavier than usual volume with today's 4.3% rally. this is its highest price since july. and kraft foods finished at a new high on its last trading day as a combined company. after the close tonight, the company officially splits in two. its snack business, stuff like oreos, will be under the mondelez name. cheese and meats stay under the kraft title. kraft's replacement in the dow jones industrial average, united health
president obama thanks to the wind energy tax credit designed to help these businesses grow. >> mitt romney's message is to get rid of the wind production tax credit. well, that's big here because we've got t.p.i. and trinity both producing wind turbines and wind towers, and that's a critical factor for us to keep those plants moving past 2013. >> reporter: o. kay henderson says these single issue voters add up quickly in such a small state. >> if iowa does again come down to a few thousand votes, these sort of narrow cast issues can have a huge effect. and so that is why you see the obama campaign pushing this so hard, because the wind energy industry has about 7,000 or 8,000 workers in iowa. >> reporter: then there is the fight in plain sight-- the >> romney would jeopardize thousands of jobs and knock the wind out of iowa's economy. >> a prairie fire of debt is sweeping across the nation. >> reporter: the negative ads are on >> reporter: the negative ads on almost every channel, every night. >> i mean, it's almost-- the ads border on being vulgar. >> reporter: steve bump has run a firepl
to have some was comparisons, really, energy and materials are going to be the two worst comparisons. so you know, alcoa could very well have a disappointing surprisingly disappointing quarter. but i think it's a mistake to use that as a bellwether. i like to move really, this first week of earnings where you know you don't have that many companies report, give me a couple weeks worth of earnings where i can see every sector represented. you know what the economic environment is here in the states and globally. so you just cannot have high expectations. and if you have a good surprise, let's say overall earnings rather than the 2.4% let's say earnings are up, 2 to 5%, you know s that really a big surprise? i'm not really sure it is. because you are still pretty close to 0. and nobody is expecting the economy to really accelerate over the course of the next couple of quarters. >> susie: all right so, what is going to be driving investment strategy over the coming weeks and months? is it going to be the earnings or is it going to be more of the big economic picture and the elections? >> ho
, that vice president biden has to sort of either undo or do to shift the energy here? >> i think the last debate was about the president's performance. it was about how he has behaved as president and what kind of a leader he was. he failed to show. i think joe biden is going to come out strong, aggressively try to carry the fight to mitt romney and paul ryan to again show that the democratic party, the democratic ticket is fighting frankly. and to. >> warner: some democrats were doubting. >> try to make this debate about the ryan budget, whether the republicans are telling the truth. whether there is a different mitt romney to really carry the fight. >> warner: susan, what do the romney-ryan team think it has to do with vice president biden to try to keep the momentum going? >> well... arner: and not become a target of all these questions about the ryan plan. >> you know, a debate where people said that republicans won, that would be great news for the romnyeam trying to build on this progress that they made since the last debate. because of course as andy knows better than anyone, findi
Search Results 0 to 6 of about 7

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